Member Info for Thornback

At last some good news.

Let's hope a major fancies taking a punt in Jamaica.

Jeez that's not great Brad, take it easy mate.

All the Best.

Hb2, he can't leave, he needs the audience that this bb provides.

"Narcissistic personality disorder"

We need an extension to Jamaica.

Fingers crossed.

That's a great average Brad, well done.

I'm a little way off that but am happy with my holding, unlike someone on here who must have timed it very badly.

Darryn McClelland should have been part of this many moons ago, a lot of LTH's are still praying to break even and escape unscathed.

Any new investors could do OK and will no doubt be excited at a good return.

Narcissistic personality disorder

So how are the AIM comments about fund raising only partially right?

A placement or Primary bid may be possible but from what I read AIM limits the amount against an open offer for a 12 month period so an Open Offer is not permitted. Even if it is permitted there you go again with your comments, making things up to try and belittle people.

"They could have tried their luck there again but probably decided it wasn't worth the effort for the likely reward. Not many sophisticated investors lurking here for sure; more just a bunch of punters desperate for their luck to turn after years of frustration"

Well the open offer from May had poor returns from all 3 markets so why make out the AIM people are desperate punters.

The reason they may be coming back is because they have people from Botswana who are now satisfied with where the project is going and have indicated they want to be part of it.

All will be revealed on the 17th of Jan.

Morning Winni, regarding your thoughts on the open offer, AIM limits the amount that can be offered in a 12 month period and because of the open offer in March it could not be offered to us.

Reading between the lines the company are expecting a good chunk of the open offer to come from Botswana, I would think that could mean the BPOPF based on the 4 for every 11 but we'll see if that happens.

Forget what I think FSB, it does not state what you claim it states, as per usual you are giving it a negative spin to aid your agenda.

I'm sure you know how much of the raise will go towards the Drilling Programme?

By the way how does Orapa run/power it's mine now Far Superior Being?

"These funds are stated on the announcements as for use to finish off the pilot project 10MW, tx line and sub-station connection. 13m aussie dollar to finish off the remainder of the project"

It does not state this at all

It states this;

The net proceeds of the Entitlement Offer, along with existing cash, will MAINLY be applied by Tlou towards achieving Lesedi power project power grid connectivity in Botswana, including expenditure relating to:

· Transmission line and substations

· Drilling, field operating costs, gas gathering, generation

· Corporate expenditure and working capital.

There is no mention of Pilot or 10MW, how do you know it's not to get to immediate expansion to 25MW as per plan?

My rough breakdown of the Director's participation in GBP, not too shabby.

Tony Gilby 14,285,714 £262,546

Hugh Swire 1,428,571 £26,255

Colm Cloonan 1,665,958 £30,617

Martin McIver 142,857 £2,625

And for the record, gas heading north was a typo, should have read power, well done FSB, you get a gold star for that one.

Oh the Far Superior Being is back, you couldn't help yourself could you.

Tell me FSB, how does Orapa fuel it's mine now?

BenA1, that's right on the money regarding Orapa buying power from the grid (no gas pipeline is planned by TLOU)

As for the gas coming from Mamba, that's what I think as it's further north closer to Letlhakane's substations.

The BPC want gas heading north instead of into Morupule to balance the grid out, towards Orapa and the North of the country, the gas supply and 220kV transmission lines would be needed of course

Hi Winni, Elephant big indeed all being well.

Hi smallfish, I believe that power from Eksom is no longer available and Morupule can't provide all the power that is required, I believe it is being bought from Mozambique when other options have been exhausted and at a high tariff, so yes as much power as we can offer.

If we get to a position were we are supplying SAPP and or Orapa then we will be doing very well.

Hi Winni, I agree mate, the bigger prize is the target and the BPC want a role in this and that should be a good thing.

The position the company are in has never been so good IMO regardless of what some on here say.

Check out Item number 141, there's a little mention for TLOU in there.

https://www.xchange.co.bw/policy/policies-publications/botswana-state-of-the-nation-2023

Bye bye, don't rush back....

Also Brad Mamba could be very significant if we needed additional transmission lines heading north towards Orapa/Letlhakane which we would in order to provide 90 MW.

It's much closer and it would leave Lesedi to continue sending power towards Morupule.

I'm probably wide of the mark but let's see if we start some drilling at Mamba soon.